scholarly journals Ambiguous effects of minimum wage tool of labour markets regulation – key study of V4 countries

2021 ◽  
Vol 10 (2) ◽  
pp. 58-85
Author(s):  
Emilie Jasova ◽  
Emilie Jasova
Keyword(s):  
Labour Market ◽  
Minimum Wage ◽  
Economic Regulation ◽  
Negative Effects ◽  
Wage Change ◽  
The Czech Republic ◽  
Positive Effects ◽  
Low Sensitivity ◽  
Oecd Data

In this paper we analyze the effect of minimum wage change on selected labour market indicators such as duration of employment, hours worked, unemployment by education or profession or long-term unemployment. Our research is based on Eurostat and OECD data for V4 countries. The hypothesis discussed is whether the effect of minimum wage increase is positive or negative and we discuss the issue of economic regulation more generally. The output values of the regressions coefficients of all the V4 countries showed that the effects are more positive than negative. Mapping the overall intensity of effects of the minimum wage on selected indicator of the labour market in the Czech Republic and Hungary indicated a low sensitivity. The effects were very weak in Slovakia and Poland. The results of the analysis complied with the results of the domestic and international research in 13 cases and the results were different in 6 cases. Slightly more often they confirmed more positive effects of the minimum wage on selected indicators of the labour market than negative effects.

International Market Orientation and International Outcomes

2016 ◽  
Vol 16 (4) ◽  
pp. 669-696 ◽  
Author(s):  
Diana Escandón-Barbosa ◽  
Miguel Hernandez-Espallardo ◽  
Augusto Rodriguez
Keyword(s):  
Market Orientation ◽  
International Market ◽  
International Markets ◽  
Hierarchical Regression ◽  
Negative Effects ◽  
Positive Effects ◽  
Internal And External Factors ◽  
The Relationship ◽  
International Sales

The literature in the field of internationalization has managed to link other areas of knowledge such as marketing to give an explanation to the establishment of strategies to survive in international markets. In this sense, the concept of international market orientation emerges that manages to explain how businesses design a strategy to improve the satisfaction of customer needs in international contexts. The purpose of this article is finding the factors that influence the relationship between the international market orientation and international results. In turn, the directors of export SME´s should be aware that entering international markets prematurely and achieving a significant percentage by volume of international sales does not necessarily guarantee better international performance. They should search for other types of resources or capabilities that permit better possibilities of obtaining competitive advantage in the long-term, such as the adoption of an international market orientation, which makes it possible to evaluate and analyze the internal and external factors present in a company’s internal dynamics. To achieve this objective is taken as the unit of analysis Colombian exporters companies through a sample of 319 surveys and that are processed in a hierarchical regression analysis. The main findings confirm that adopt a strategy of international orientation relative to other strategies such as innovative and entrepreneurial orientation does have positive effects on the internationalization of companies. However, this strategy has a tendency to saturation and therefore can generate negative effects on the international results.

scholarly journals Prediction of Net Profit Growth of Pharmacy Companies on the Indonesian Stock Exchange

2019 ◽  
Author(s):  
Dhani Ichsanuddin Nur
Keyword(s):  
Stock Exchange ◽  
Funding Source ◽  
Negative Effects ◽  
Short Term ◽  
Applied Model ◽  
Positive Effects ◽  
Funding Sources ◽  
Net Profit ◽  
Auto Regressive

Background: The research purpose to analyzing impacts of funding source changes on pharmacy company profits that went public on Indonesian Stock Exchange, with analysis period of 2008 to 2013. Methods: The research applied analysis means in line with requirements of change variable measurements of funding sources in its interconnectedness with company profits; the applied model was Auto-regressive. Results: The research results indicated that changes of the last one-period short term debts had negative effects insignificantly on company profits, the last two-period short term debts had positive effects significantly on company profits, changes of the last one-period and two-period long term debts had negative effects insignificantly on company profits, equity changes of the last period had positive effects significantly on company profits, the last period profit changes had negative effects significantly on company profits. Conclusion: Last one-period short term, last one-period long term, last two-period long term debt changes, and last period profit have negative insignificant effect on company profit. Last two-period short term debt changes, last one-period equity changes, and last two-period equity changes have positive significant effect on company profit.

scholarly journals Demanding Activation

2016 ◽  
Vol 46 (2) ◽  
pp. 349-365 ◽  
Author(s):  
TANIA RAFFASS
Keyword(s):  
Labour Market ◽  
Social Impact ◽  
Full Employment ◽  
The Body ◽  
Welfare To Work ◽  
Negative Effects ◽  
Distinctive Character ◽  
The Business Cycle ◽  
Political Economic

AbstractThe distinctive character of the unemployment policies overhaul, known as the ‘activation turn’ of the 1990s, was that OECD governments intensified coercion against unemployed individuals while relaxing their commitment to ensuring full employment. By now supply-side activation policies have been tested long enough to permit conclusive evaluations, and the article surveys the body of empirical assessments to determine the achievements of the activation turn. The implementation of welfare-to-work policies has not resulted in bringing down the rates of unemployment (independently of the business cycle), combating long-term unemployment, reducing (in-work) poverty or empowering jobseekers as consumers of public services, which were all goals of the reformed ‘activating state’. Instead, activation has been working as a mechanism of entrapment at the margins of liberalised labour markets by dint of its complementarity with employer-centred flexibility. The activation turn has thus failed to achieve its direct labour market and social objectives. However, it has produced pronounced indirect negative effects in the labour market, and its social impact has been regressive and repressive, as anticipated in normative and political-economic critiques of the rising ‘workfare state’.

Von der Tulpenkrise zum Finanzmarktkollaps. Das Allgemeine im Besonderen

2011 ◽  
Vol 52 (1) ◽  
Author(s):  
Toni Pierenkemper
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
General Pattern ◽  
Efficient Market Hypothesis ◽  
Dynamic Processes ◽  
Negative Effects ◽  
Positive Effects ◽  
Starting Point ◽  
Shed Light

AbstractContrary to the presumed perfect markets of the Efficient Market Hypothesis, the very concept of which seems logically flawed, numerous economic crises have been observed in the economic development of the last four hundred years. The following paper seeks to shed light on a specific type of crisis the speculative crisis and in particular its general pattern, from its starting point as an innovative business idea, to Boom and Crash, to exploring consequences, making use of examples from selected historical crises. This paper also seeks to demonstrate that speculations of this sort were also often associated with long term positive effects on economic growth. A complete prevention of dynamic processes of this sort, therefore, by means of comprehensive regulation, appears not only illusory, but also anti-progressive, although measures to limit the negative effects of crises as far as possible must, of course, be taken.

scholarly journals Does Auditor Rotation Increase Auditor Independence?

2016 ◽  
Vol 18 (3) ◽  
pp. 315
Author(s):  
Junaidi Junaidi ◽  
Jogiyanto Hartono ◽  
Eko Suwardi ◽  
Setiyono Miharjo ◽  
Bambang Hartadi
Keyword(s):  
Stock Exchange ◽  
Auditor Independence ◽  
Regression Estimation ◽  
Negative Effects ◽  
Positive Effects ◽  
Auditor Rotation ◽  
Auditor Tenure ◽  
Going Concern Opinion ◽  
Short And Long Term

This study aims to empirically test the effects of auditor rotation and auditor tenure on an auditor’s independence in companies listed on the Indonesia Stock Exchange during the years 2002-2010. This study using logistic regression estimation technique. The results show that, statistically, the auditor’s tenure has significant negative effects on the auditor’s independence, measured by the tendency to give a ‘going concern’ opinion. Furthermore, the results also show significant differences between the effects of short and long term tenures on the auditors’ independence. Auditor rotation has significant positive effects on the auditors’ independence.

scholarly journals Analysis of Ziswaf, Production Index and Sharia Stock Index on Economic Growth

2019 ◽  
Vol 1 (2) ◽  
pp. 221-242
Author(s):  
Purbawati Setyaningsih ◽  
Roikhan Mochamad Aziz ◽  
Puji Hadiyati
Keyword(s):  
Economic Growth ◽  
Stock Index ◽  
Economic Activities ◽  
Negative Effects ◽  
Short Term ◽  
Production Index ◽  
Positive Effects ◽  
Term Model ◽  
Long Run

This study analyzes the influence ZISWAF, Gini ratio, the total export value, the index of industrial production, sharia stock index investment to GDP growth, in the short and long term. Qualitative data were taken from BPS, Baznas, ACT Global Waqf, the FSA from March 2006 until December 2017 using the methodology of The Error Correction Model (ECM). The results of this study indicate that the variable Gini Ratio, Ziswaf, Total exports, Production Index and Sharia Stock Index on GDP economic growth have significant and positive effects in the long term and the short term. Meaning that these variables have a relationship with GDP economic growth. If the variable decreases or slows down-then GDP economic growth also. While total exports have insignificant effects and negative effects on GDP economic growth. The R-square regression value of the long-term model produces a proportion of 96 percent, the short-term model produces a proportion of 97 percent. Both in the long-run and short-run models, the highest coefficient value is the value of the Gini ratio with 4.941522 and 0.348043. All positive coefficients, Gini ratio variables, ziswaf and production index have a significant effect on gdp, total exports and sharia stock indexes do not have a significant effect on gdp both in the long and short-term models. It implies in the future, fiscal economic policy makers to economic growth that opened a lot of employment, by encouraging resource based economic activities of Indonesia's largest export-oriented agriculture and mining. Good Corporate goverment should do so gini ratio of the areas surrounding the economy improved and people kesejahtaeraan increase.

scholarly journals The impact of digital technology use on adolescent well-being

2020 ◽  
Vol 22 (2) ◽  
pp. 135-142
Keyword(s):  
Digital Technology ◽  
Technology Use ◽  
Large Scale ◽  
Well Being ◽  
Negative Effects ◽  
Short Term ◽  
Positive Effects ◽  
Adolescents And Adults ◽  
The Impact

This review provides an overview of the literature regarding digital technology use and adolescent well-being. Overall, findings imply that the general effects are on the negative end of the spectrum but very small. Effects differ depending on the type of use: whereas procrastination and passive use are related to more negative effects, social and active use are related to more positive effects. Digital technology use has stronger effects on short-term markers of hedonic well-being (eg, negative affect) than long-term measures of eudaimonic well-being (eg, life satisfaction). Although adolescents are more vulnerable, effects are comparable for both adolescents and adults. It appears that both low and excessive use are related to decreased well-being, whereas moderate use is related to increased well-being. The current research still has many limitations: High-quality studies with large-scale samples, objective measures of digital technology use, and experience sampling of well-being are missing.

scholarly journals Multi-Factor Crime in Malaysia, 1980 – 2013: Bounds Testing of Level Relationships and Granger Non-Causality Analysis

2018 ◽  
Vol 3 (2) ◽  
pp. 55
Author(s):  
Dullah Mulok ◽  
Mori Kogid ◽  
Rozilee Asid ◽  
Jaratin Lily
Keyword(s):  
Economic Growth ◽  
Causality Analysis ◽  
Bounds Testing ◽  
Negative Effects ◽  
Macroeconomic Factors ◽  
Factors Affecting ◽  
Positive Effects ◽  
Long Run ◽  
Short Run

This study examines the relationship between criminal activities and the multi-macroeconomic factors of economic growth, unemployment, poverty, population and inflation in Malaysia from 1980 to 2013. The ARDL bounds testing of the level relationship was used to establish the long-run relation, and the Toda-Yamamoto Augmented VAR approach was used to test the short-run impact based on partial Granger non-causality analysis. Empirical results suggest that economic growth, inflation, poverty and population are significant factors affecting criminal activities in Malaysia with economic growth and poverty recording positive effects, whereas negative effects were recorded for inflation and population in the long-term. Further investigation using Granger non-causality analysis revealed that only population does Granger caused the criminal activities in the short-run. The findings provide useful information for policymakers to strengthen the existing crime-related policies in order to improve safety and security while maintaining economic sustainability in Malaysia.

scholarly journals The Relationship between Hope and Perceived Stress in Teacher Candidates

2019 ◽  
Vol 8 (2) ◽  
pp. 1
Author(s):  
Serdar Sucan
Keyword(s):  
Perceived Stress ◽  
Personnel Selection ◽  
Teacher Candidates ◽  
Negative Effects ◽  
Positive Effects ◽  
Preparatory Course ◽  
High Level ◽  
The Relationship

The long-term and uncontrollable stress of KPSS (Personnel Selection Examination) candidates disrupts their psychology, weakens thinking and decision-making, and thus decreases academic achievement. The aim of this study is; It is the determination of the relationship between the level of hope and perceived stress of teacher candidates prepared for KPSS.A total of 382 teacher candidates participated in a special KPSS preparatory course in Kayseri. Candidate teachers who graduated from different departments and universities are between the ages of 21-25 in 41.6%. When we look at socio-demographic characteristics; 68.4% male; 59.9% single and 51.5% were at medium income level. Perceived Stress Scale (PSS-10) and Adult Hope Scale (AHS) were administered to the participants. The mean AHS score of the teacher candidates was 27.73±1.92. This shows the high level of hope of the participants. Perceived Stress level was found to be medium at 53.6%. As a result of the analysis, a significant a negative correlation was found between level of hope and perceived stress (p <0.01). According to regression analysis, level of hope in teacher candidates showed a statistically significant positive effect on perceived stress (p <0.01).As a result, negative relationships were found between hope and perceived stress. It is thought that highly hopeful people perceive stress lower and life satisfaction increases. Therefore, in order to increase the level of hope and to reduce the negative effects of stress, educators should support KPSS candidates. Programs related to the high level of hope to be implemented in schools may have positive effects on individuals' low stress and examinations.

scholarly journals Do Start-Up Subsidies for the Unemployed Affect Participants’ Well-Being? A Rigorous Look at (Un-)Intended Consequences of Labor Market Policies

2020 ◽  
pp. 0193841X2092723
Author(s):  
Marco Caliendo ◽  
Stefan Tübbicke
Keyword(s):  
Social Security ◽  
Well Being ◽  
Sensitivity Analyses ◽  
Subjective Well Being ◽  
Long Term Effects ◽  
Negative Effects ◽  
Positive Effects ◽  
Start Up ◽  
The Unemployed

Background: The literature on start-up subsidies (SUS) for the unemployed finds positive effects on objective outcome measures such as employment or income. However, little is known about effects on subjective well-being of participants. Knowledge about this is especially important because subsidizing the transition into self-employment may have unintended adverse effects on participants’ well-being due to its risky nature and lower social security protection, especially in the long run. Objective: We study the long-term effects of SUS on subjective outcome indicators of well-being, as measured by the participants’ satisfaction in different domains. This extends previous analyses of the current German SUS program (“Gründungszuschuss”) that focused on objective outcomes—such as employment and income—and allows us to make a more complete judgment about the overall effects of SUS at the individual level. Research design: Having access to linked administrative-survey data providing us with rich information on pretreatment characteristics, we base our analysis on the conditional independence assumption and use propensity score matching to estimate causal effects within the potential outcomes framework. We perform several sensitivity analyses to inspect the robustness of our findings. Results: We find long-term positive effects on job satisfaction but negative effects on individuals’ satisfaction with their social security situation. Supplementary findings suggest that the negative effect on satisfaction with social security may be driven by negative effects on unemployment and retirement insurance coverage. Our heterogeneity analysis reveals substantial variation in effects across gender, age groups, and skill levels. Estimates are highly robust.

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